Tokyo stocks open lower on U.S. GDP plunge, coronavirus fears

Xinhua
31 Jul 2020, 11:18 GMT+10

TOKYO, July 31 (Xinhua) -- Tokyo stocks opened lower Friday as the U.S. economy's record quarterly decline dented investor sentiment amid continued concerns over rising coronavirus cases at home and abroad.

As of 9:15 a.m., the 225-issue Nikkei Stock Average dropped 162.17 points, or 0.73 percent, from Thursday to 22,177.06.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 10.91 points, or 0.71 percent, at 1,528.56.

Pulp and paper, rubber product, and oil and coal product issues comprised those that declined the most in the opening minutes after the morning bell.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to International Travel News.

More Information

27 ℃

Fair in Seletar

Hospitality

Section

China to spend $2 billion building entire town based on German beer

CHENGDU, Nov. 27 (Xinhua) -- A German-style beer town with a total investment of 13 billion yuan (about $2 billion ...

Nagaland celebrates 58th Statehood Day

Kohima (Nagaland) [India], December 1 (ANI): Nagaland Chief Minister Neiphiu Rio celebrated 58th Statehood Day at Nagaland Civil Secretariat Plaza ...